Job Hopping is So 2006

Job Hopping is So 2006

5.2 years is the median tenure for workers in 2010, up from just under 5 years in 2006.

See also: Grateful to Have a Job Workers are holding on to jobs longer these days, according to a new study from the Employee Benefit Research Institute (EBRI). The days when professionals spent a career at the same company and ended up with a gold watch and pension are long gone – five years is the norm now – but the study indicates that the overall trend is inching toward longer stints at the same jobs. Much of this can be attributed to the long-dismal state of the employment picture, as those who have a relatively secure position don't want to risk the uncertainty of switching employers. "For the great majority of American workers, so-called 'career jobs' never existed, and they certainly do not exist today," said Craig Copeland, the study's author and a senior research associate with EBRI. "A distinct minority of workers have spent their entire working career with just one employer. But it appears that workers who have jobs are mostly staying in them." EBRI compiled the research from the latest data from the U.S. Census Bureau's Current Population Survey. To read the entire report, click here http://www.ebri.org/pdf/notespdf/EBRI_Notes_12-Dec10.Tenure-CEHCS.pdf: